CLAR has a market capitalisation of $4.46 billion as at 12.20pm on April 20.
CLAR’s Manager has announced the divestment of Singapore industrial building KA Place for a consideration of $35.38 million. The proposed divestment is part of an active asset management strategy to improve the quality of CLAR’s portfolio and optimise returns for unitholders.
According to an April 20 filing, the REIT’s trustee, HSBC Institutional Trust Services (Singapore), has entered into a sale and purchase agreement to sell KA Place to KA Place SPV 1. This is a 219% premium to CLAR’s original purchase price of $11.1 million back in March 2005, and a 55% premium to the property’s Dec 31, 2022 market valuation of $22.8 million.
KA Place is a seven-storey high-specification industrial building located at 159 Kampong Ampat. The edifice includes a carpark on the second storey and has a total gross floor area of 10,163 sq m, with a remaining land lease tenure of about 35 years.
Net proceeds after divestment costs are expected to be $30.65 million. The manager says the net proceeds may be used to fund committed investments, repay existing indebtedness, make distributions to unitholders, or extend loans to subsidiaries.
Assuming the proposed divestment was completed on Jan 1, 2022, the pro-forma impact on CLAR’s net property income (NPI) and distribution per unit (DPU) for the financial year ended Dec 31, 2022 would have been a decrease of $0.92 million and 0.005 Singapore cents, respectively.
Using the net proceeds to repay CLAR’s borrowings as at Dec 31, 2022, the aggregate leverage will be reduced from 36.3% to approximately 36.2%. The proposed divestment is expected to complete within 2Q2023.
In accordance with the trust deed dated Oct 9, 2002 constituting CLAR, the manager is entitled to a divestment fee of 0.5% of the sale consideration of the property, which would be paid in cash.
Units in CapitaLand Ascendas REIT closed 3 cents higher, or 1.05% up, at $2.88 on April 20. CLAR has a market capitalisation of $4.46 billion as at 12.20pm on April 20.
The proposed divestment of KA Place is part of the manager’s asset management strategy to optimize returns for unitholders and provide better quality in CLAR’s portfolio. This divestment will enable the REIT to reinvest the net proceeds into value-adding opportunities.
The consideration sum represents a 219% premium to CLAR’s purchase price of $11.1 million in March 2005, and a 55% premium to the property’s Dec 31, 2022 market valuation of $22.8 million. The net proceeds after divestment costs are estimated to be $30.65 million, making it a great deal for the REIT.
Moreover, if the net proceeds were used to repay CLAR’s borrowings as at Dec 31, 2022, CLAR’s overall leverage will further decrease from 36.3% to approximately 36.2% – translating to improved financial health.
Units in CapitaLand Ascendas REIT closed 3 cents higher, or 1.05% up, at $2.88 on April 20. Market capitalisation recorded a total of $4.46 billion as at 12.20pm on April 20.
In accordance with the trust deed, the manager will receive a divestment fee of 0.5% of the sale consideration of the property.
Upon completion of the divestment, which is expected to take place within 2Q2023, CLAR will own 229 properties, comprising 96 properties in Singapore, 36 properties in Australia, 48 properties in the United States and 49 properties in the United Kingdom and Europe.…
The Ascott Limited, the lodging business unit of Capitaland Investment, has set a goal to double its fee revenue over the next five years. By FY2022, the company’s highest earnings on record reached $258 million. In that same year, Ascott’s fee revenue grew by 36% y-o-y due to its record signings and property openings.
The company also announced that it had hit its target of securing 160,000 units for 2023, with an additional 4,000 units signed up in the 1Q of FY2023. Ascott plans to expand its product offering, which spans serviced residences, hotels, co-living, and senior living from mid to luxury scale.
The growth over the five-year period will be driven by new openings and new signings at an expected annual growth rate of 8-10%. With its asset-light strategy, Ascott has doubled its units every five years, going from 20,000 units in 2008 to over 160,000 units today. Kevin Goh, CEO of Ascott and CLI Lodging, claims that these management and franchise contracts have “sticky recurring fee revenue and long tenures”, thus boosting the fee revenue.
Ascott seeks to secure higher quality management and franchise contracts for prime properties, and use its strong brand equity and direct distribution channels to make it happen. This is expected to create greater value for its property owners as well as customers.
Recent new openings include Citadines Connect City Centre Hotel on Orchard Road, and two properties in China and the Netherlands for $190 million through its serviced residence global fund. Ascott also launched its third co-living property in Singapore. With the new goals set, the business looks forward to a prosperous future that will undoubtedly see it continue to thrive.…
Over the past three days, approximately 4,000 people have visited the Blossoms By The Park sales gallery since its opening on April 14. EL Development’s Managing Director Lim Yew Soon noticed that the visitors were mostly locals, confirming the project’s inpending launch on April 29.
Offering a variety of 1-4 bedroom premium units, Blossoms By The Park at Slim Barracks Rise, One-North will have prices that start from $1.291 million ($2,352 psf) for a one-bedroom-plus-study, to $3.335 million ($2,213 psf) for a four-bedroom premium. Ken Low, Managing Partner of SRI predicted that the average sale price range will be between $2,350 – $2,400 psf.
The condo offers attributes that are likely to attract many investors. It is only a 3 minute walk away from Buona Vista MRT Interchange Station, a 5 minute walk away from The Star Vista mall, 1km away from Fairfield Methodist School, and 5 minutes away from Greater Southern Waterfront.
Given the project’s excellent location, quality apartments, and impressive amenities, it comes as no surprise that Blossoms By The Park has already garnered so much attention.
To learn more about Blossoms By The Park, Slim Barracks Rise near Buona Vista MRT Interchange Station, Fairfield Methodist School and The Star Vista mall, make sure to check out the latest listings near the condo.…
The Myst has a wealth of landscaping features that emphasize the importance of sustainability. Residents can enjoy the sense of peace and tranquility found in a rooftop garden surrounded by lush vegetation. Furthermore, rainwater harvesting systems have also been installed to help reduce water consumption and conserve natural resources. By combining these amenities, The Myst offers a unique and eco-friendly environment for its residents.
Residents of The Myst Condo can access a broad range of transportation options. The close proximity of the MRT stations, bus services and LRT services provides them with a range of choices for their transportation needs. Furthermore, the Bukit Panjang Bus Interchange offers a wide array of buses for their convenience. Moreover, the developer provides a complimentary shuttle bus service from 7am to 7pm to the Bukit Panjang Downtown MRT station. This service is available daily to all residents.
The Myst Condo offers its residents plenty of amenities and activities. Those residing here can take advantage of the various shops, restaurants, and other services located within walking distance of the property. Furthermore, nearby Bukit Panjang Plaza features a great selection of services and entertainment options. Popular attractions include the shopping mall, cinema, and food court.
The Myst Condo by CDL is a premier luxury living destination situated in the midst of Singapore’s picturesque Bukit Timah area. Featuring lush greenery and close proximity to nature reserves, those seeking a peaceful retreat away from the bustle of the city can find solace here. Nestled on the Upper Bukit Timah Road, the development is close to the buzz of the city, granting residents easy access to its plethora of amenities.
The Myst has been designed with energy efficiency in mind, making use of various green technologies to reduce energy usage. Highly efficient air-conditioning systems, intelligent lighting with motion sensors, and advanced appliances are all included to minimize energy consumption. Furthermore, the building is fitted with double-glazed windows and insulation to reduce heat loss and maximize energy efficiency.
Spanning 25,500 hectares, the West Region of Singapore is the largest of the country’s five regions. Its regional centre is Jurong East, while Jurong West is the most populous town. Home to many of Singapore’s heavy industries, the West Region is the destination of choice for international corporations such as BP, ExxonMobil, DuPont, Mitsui Chemicals, and Shell, primarily within the petrochemical sector. The government is pursuing further plans to develop the West Region, with a view to transforming Jurong Lake District into Singapore’s second Central Business District. Additionally, the Tuas Mega Port – which is due to be completed in the 2040s – is expected to become the world’s largest single container port, boasting an annual capacity of 65 million TEUs.
Sixth Avenue MRT station (DT71) serves Nanyang Girls’ High School. This station is part of the Downtown Line, and located along Sixth Avenue, towards the Bukit Timah area. It is a three-level underground station, with an elevator, escalator and stairs which make it easy to move between the ground and the station concourse levels. Passengers can easily access the platform via the escalator, which is at the far end of the station concourse. The station has four exits, which are located along Sixth Avenue, Bukit Timah Road, Eng Neo Avenue and the school grounds.
The station provides convenient access to Nanyang Girls’ High School and its surrounding amenities, such as cafes, restaurants, supermarkets and shopping malls. It also links to major bus routes, providing easy access to areas such as the Singapore Botanic Gardens, Dempsey Hill and Orchard Road.
The Tan Kah Kee MRT (DT8) station is located in close proximity to a number of prestigious educational institutions, including National Junior College, Hwa Chong Institution, Hwa Chong International School, and Raffles Girls’ Primary School. These schools are all well-regarded for the excellent education they provide and their students’ success in examinations. The convenience of having the station nearby is a great benefit to the students and staff of these esteemed institutions.
The Myst Condo offers easy access to numerous educational institutions, commercial establishments, parks, and the Tan Chong industrial park. It is the 19-storey Hazel Park condominium building which provides the backdrop to this bustling neighborhood. The location is positively connected to public transportation networks, being just seven minutes away from the Cashew Station on Singapore’s Downtown Line and a leisurely 13 minute walk from the former Bukit Timah railway station.
The Myst Condo is conveniently located close to several medical establishments. Walking distance away is the Bukit Panjang Polyclinic, surrounded by several healthcare amenities. These include the National University Hospital, the Sengkang Clinic, and the Tan Tock Seng Hospital. All of these medical facilities offer a wide range of services.
Living in The Myst Condo near Bukit Panjang Transport Hub provides convenience and flexibility for multigenerational families. Located close to Bukit Panjang MRT Station, Segar LRT station, and Bukit Panjang Bus Interchange, the condo is in an ideal spot for accessing a variety of public transportation services. This makes getting to desired destinations a cinch.
Situated proximal to The Myst Condo at Bukit Panjang, Zhenghua Nature Park provides a tranquil environment which serves as a green buffer to the Central Catchment Nature Reserve. With a bike or on foot, visitors to the park can easily explore the trails which feature varying levels of difficulty. There is a multitude of creatures that can be seen, including birds, squirrels, monitor lizards, and long-tail macaques.
The Downtown Line (DTL) has revolutionized Singapore’s public transit system. As the fifth MRT line, it has bridged parts of the city that previously lacked connectivity, including Bukit Panjang, Bukit Timah, and Bedok Reservoir. With its total of 34 stations, the DTL serves as a more efficient way to navigate the city and its core. Residents along the stretch from Bukit Panjang to Bukit Timah have seen a decrease of up to 30% in travel time when commuting into the city. Furthermore, DTL is also providing a more straightforward journey for those living in the eastern parts of the island, having reduced their bus trips and shrinking their commuting time.
The Downtown Line (DTL) has significantly boosted connectivity within the Central Business District (CBD), providing commuters with a much faster commute from Millenia Walk to Marina Bay Sands and City Hall Fringe. The freshly opened DTL3 adds an additional 21 km to the line, allowing for a direct route to Tampines Regional Centre and Changi Business Park without requiring a bus transfer. Thanks to the launch of this new third stretch, the Downtown Line grows to 42 km, thus transforming it into Singapore’s longest underground mass rapid transit line with no intermediate stops.
The Myst Condo by CDL is the ideal choice for those seeking luxurious living in a peaceful environment. With its close proximity to a host of nature reserves and parks, The Myst Condo by CDL is the perfect place to enjoy the best of both urban and natural living. Among the parks nearby are Bukit Batok Nature Park, Bukit Timah Nature Reserve, Dairy Farm Nature Park, Hindhede Nature Park, MacRitchie Reservoir Park, Singapore Quarry, Singapore Botanic Gardens, Bukit Panjang Park Connector, Bukit Batok Town Park and Bukit Timah Hill Park Connector.
The Myst CDL of the forest provides its residents with an atmosphere of luxury and comfort. It is outfitted with modern conveniences and amenities, including a swimming pool, gym, tennis court, and a clubhouse. Additionally, the condominium boasts a sky garden, where one can relax and take in the stunning views of the lush greenery around them.
The Myst Condo sits in a location that presents its residents with an unparalleled level of convenience. Located close to Bukit Panjang Integrated Transport Hub, residents will find that the area is equipped with plentiful amenities and facilities for their benefit. It is an ideal place to live for those looking for easy access to the city.
Situated near a number of green spaces, The Myst Condo residents can take full advantage of the surrounding parks and recreational areas. With easy access to the picturesque Bukit Panjang Park, Chestnut Nature Park, and Zhenghua Park, there is something for everyone to enjoy. From leisurely strolls to biking trails, playgrounds, and other recreational activities, these parks offer plenty of opportunities to get outdoors. Furthermore, The Myst Condo is near the Bukit Panjang Swimming Complex, which boasts an Olympic-size pool.
The Cashew Estate provides a peaceful rural ambience. The Rail Corridor, a hit with outdoor lovers, cyclists and joggers, commences at the former Tanjong Pagar Railway Station and culminates at the Kranji MRT Station. The forthcoming projects, The Reserve Residences at Beauty World and The Botany at Dairy Farm, both provide direct access to the Rail Corridor, and include useful maps. Plus, the Bukit Timah Nature Reserve is conveniently close, offering extra access to nature. At Cashew Estate, inhabitants can enjoy the perfect blend of indoor and outdoor living amidst stunning landscaping and lush emerald surroundings.
The Myst Condo at Bukit Panjang offers residents a modern luxurious living experience along with sustainable features. The project is equipped with a range of landscaping elements such as a rooftop garden, solar panels, energy-efficient lighting systems, native plants and trees, organic fertilizers and composting systems, water-efficient irrigation, and recreational facilities. This combination of features makes The Myst an ideal choice for those looking for an environmentally friendly living space.
The Myst Condo, a new development situated in the core of Bukit Panjang and Cashew, belongs to City Developments Limited. Aries, City Developments Limited’s affiliate, has acquired the rights to two neighbouring land parcels at 798 and 800 Upper Bukit Timah Road in northwest Singapore’s Tan Chong industrial park. This 16620 sqm (178,900 sqft) property, zoned for residential use, has a plot ratio of 2.1, thus allowing the developer to build a project of up to 24 storeys on the prime plot.
Botanic Gardens MRT (DT9) is just a short stroll away from the National University of Singapore (NUS) Bukit Timah Campus. Located in the heart of the bustling ‘garden city’, the station offers visitors direct access to NUS’ renowned facilities and attractions. With easy access to the surrounding amenities, visitors can conveniently head to the campus for a day of exploration and discovery. Whether one wishes to take a leisurely stroll through the lush gardens, explore the campus’ heritage architecture, or relax in the lecture halls, Botanic Gardens MRT (DT9) makes it easy to get to and from the National University of Singapore.
The strategic placement of The Myst gives City Developments Ltd. the opportunity to provide exclusive perks to its occupants. With its desirable location, these homes offer something special that can’t be found anywhere else.
The Myst Condo by CDL is a luxurious residence that offers a selection of modern facilities and amenities. Convenience is key, with shopping, dining, and entertainment options being readily available. The property provides an ideal space for relaxation and rejuvenation, with a fully-equipped gym, swimming pool, Jacuzzi, and yoga pavilion. Additionally, there is a children’s play area, BBQ pits, and a landscaped garden.
Hillview MRT (DT3) is located near two educational facilities – the German European School and St. Francis Methodist School. The two schools offer a range of educational opportunities for students in the local area. The German European School provides German language instruction as well as a range of international curricula from primary to secondary level, while St. Francis Methodist School offers a British curriculum from Kindergarten to Sixth Form. Parents who want to provide their children with an international education can count on these two schools to provide the highest quality education for their children. The close proximity to Hillview MRT (DT3) makes the two schools even more attractive for parents, providing easy access to the rest of Singapore.
Families searching for an ideal living situation in Bukit Panjang ought to consider The Myst Condo. This is the perfect place for a comfortable and convenient lifestyle. Those who opt to live here will be able to take advantage of a wealth of amenities and recreational choices, as well as different public transport options that make this location even more inviting. The Myst Condo offers a great opportunity to enjoy a great life within the city’s limits.
The strategic position of The Myst Condo, situated in the heart of Bukit Panjang, Singapore, puts it within a conveniently short walking distance of Bukit Panjang Integrated Transport Hub and Hillion Mall. This grants residents of The Myst Condo easy access to public transport and the convenience of nearby shopping and dining. All these attributes make The Myst Condo an ideal place to live for those searching for comfort, coupled with convenience.
The Myst Condo Upper Bukit Timah Road has demonstrated a dedication to sustainability by incorporating a number of green features into its landscaping design. To reduce reliance on chemical fertilizers, the development has implemented organic fertilizers and composting systems. Moreover, native plants and trees, which require minimal maintenance and are drought-tolerant, have been included in the design. Lastly, a water-efficient irrigation system has been installed to reduce water consumption.
Having these shopping centres just a stone’s throw away from The Myst Condo is great for residents as they can easily find the products they need without having to take a long trip. The location of The Myst Condo near to many shopping centres gives residents the convenience of reaching the goods and services that they need within a short time and with minimal efforts. Living near a shopping centre also allows residents to enjoy discounts and better prices, as well as a wider selection of goods and services. The Myst Condo offers its residents the best of both worlds – convenience and affordability.
Residents living in The Myst Condo enjoy the benefit of having a shopping center close by. By being situated near to many shopping centres, including Bukit Panjang Plaza, Fajar Shopping Centre, Hillion Mall, Junction 10, Bukit Panjang Hawker Centre, Cashew Village, Senja Cashew Community Centre, and Cashew Heights Shopping Centre, those living in the Condo can quickly access a host of products and services without having to drive miles away to a distant store.
The time saved by not having to travel and the convenience of having a shopping mall nearby, is invaluable. Additionally, residents can benefit from the wide selection of goods and services, discounts, better prices and other great promotions found in shopping centers. This makes The Myst Condo the perfect place to call home. With the added advantage of being so close to shopping centers, residents can enjoy the convenience of being able to access products and items not always available in smaller stores as well as having more time to spend on things that are truly important.
The Myst CDL at Bukit Panjang is a luxurious residential property committed to delivering sustainable and green living in the bustling and vibrant city of Singapore. Amidst the hustle and bustle of the city, the peaceful and lush environment of the property offers a perfect blend of urban and rural living. It provides residents with the perfect mixture of convenience and relaxation, so they can make the most of their stay.
The Myst by CDL is an exclusive living experience that promises its residents top-notch facilities and amenities. Featuring a 50-meter pool, a spacious clubhouse, and tennis courts, this mid-sized condominium project is an ideal residence for families with children, being only a short drive away from well-known educational institutions like Bukit Panjang Primary, CHIJ, National University of Singapore, and Ngee Ann Polytechnic. Furthermore, The Myst is conveniently located near several malls and shopping centers, such as Hillion Mall, Bukit Panjang Plaza, HillV2, The Rail Mall, and the upcoming The Reserve Residence Mall, providing its residents with easy access to various shopping, dining, and enrichment options.
The Myst Condo by CDL is ideally situated near multiple natural reserves and parks. It is only a short walk to the stunning Singapore Botanic Gardens and Bukit Timah Nature Reserve – offering opportune possibilities for outdoor fun such as hiking, biking, and bird watching. Therefore, The Myst Condo by CDL is the ideal spot to truly embrace and experience nature.
Situated just minutes away from Hillion Mall, The Myst Condo offers its residents easy access to popular shopping, dining and entertainment options. A mere 5-minute walk away, Hillion Mall houses a plethora of retail stores, food outlets and entertainment activities, such as a cinema and a bowling alley. Therefore, those residing at The Myst Condo can conveniently enjoy all that Hillion Mall has to offer.
Located in a prime area, The Myst Condo offers its residents access to a variety of top amenities. Residents can enjoy a gym, swimming pool, and BBQ area. There are also other recreational facilities such as a children’s playground, a jogging track, and a basketball court. All of these facilities make The Myst Condo an ideal place to stay. Additionally, the development is just a 10 minute walk from the nearest MRT station and multiple shopping malls. For those looking for a meal out, the surrounding restaurants and malls offer plenty of options. Furthermore, if you wish to take advantage of public transport The Myst Condo is close to Jelapang MRT, Choa Chu Kang MRT, and Yew Tee MRT. The developer also provides a free shuttle bus service to Bukit Panjang Downtown MRT.
The Tan Chong Industrial Park formerly known as “Myst” boasts an array of smart and eco-friendly features, making it the perfect residence for green-minded individuals. Its cleverly designed layout and resourceful utilization of resources have earned it a place among the most sustainable residential properties in this area.
At the Myst CDL at Cashew MRT Station, you will find modern luxuries interwoven with sustainability. This condominium development offers a perfect combination of modern living and luxurious lifestyle, while also boasting environmentally-friendly features. With its sustainable elements, this is the perfect option for those on the lookout for a green and ecologically-minded living space.
Living in Upper Bukit Timah yields a prime location when looking for access to top educational establishments nearby. The Cashew MRT station, located on the Downtown line, is a mere 5-minute walk away from the side gate of The Myst. For further distances, the National University of Singapore, Ngee Ann Polytechnic, and Singapore Polytechnic are all reachable by bus within 15 minutes. When scouting for homes in the neighborhood, properties in the area of Cashew to Bukit Timah make for a great option to consider, especially for those looking for homes close to sites of education. Listed here are some of the renowned schools that can be reached in proximity of the area’s MRT stations:
The Myst Condo’s location makes it easy for residents to reach other parts of the city-state, and be within walking distance of various shops and services. CDL is taking advantage of the greenery and renewal plans in the area in order to create a residential environment that livens up the neighbourhood and offers a pleasant and enjoyable life to its inhabitants.
CDL Aries has been given a golden opportunity to benefit from the various improvements and revamps taking place in the The Myst Condo area with the securing of its Upper Bukit Timah site. This is a wonderful chance to construct a residential project that will certainly attract Singaporeans and property investors with its prestigious address and surrounding conveniences.
Hillview and Bukit Panjang are notable for their lush green gardens and agricultural parks. The former is home to Dairy Farm Nature Park, Hillview Park, and the Jacob Ballas Children’s Garden, while the latter to revitalized agricultural land such as Dairy Farm Nature Park and agricultural parks such as the Dairy Farm Agro-Park and the Jurong Central Park cum Farm.
District 23, which covers Choa Chu Kang, Bukit Batok, Hillview, and Bukit Panjang, is highly desirable for both purchasers and tenants. Choa Chu Kang got its name from the Teochew word for “kangchu,” which means plantation owners. The small town has come a long way – it is now a modernized neighbourhood with well-developed transportation networks and two shopping malls, one near the Choa Chu Kang MRT station which is named Lot One Shoppers’ Mall, and offers plenty of shopping and dining alternatives. Explorers can still view the old fruit tree plantations when taking a walk in the Choa Chu Kang Park.
Bukit Batok is well-known for its magnificent spots such as Bukit Batok Town Park, Bukit Batok Nature Park, Bukit Batok Hill, and Little Guilin, which brings to mind Guilin in China, with tall granite rocks and a lake. The shopping center in Bukit Batok is West Mall, which contains a public library, post office and movie theater. Hillview and Bukit Panjang are acclaimed for their lush greenery and agricultural parks. The former is home to Dairy Farm Nature Park, Hillview Park, and the Jacob Ballas Children’s Garden. The latter has been revitalized and converted into agricultural land and agricultural parks, such as the Dairy Farm Agro-Park and the Jurong Central Park cum Farm.
The Myst is an upcoming development on two adjoining plots of land on Upper Bukit Timah Road, occupying a combined space of around 179,007 square feet. It is located near the Cashew Estate and hence provides potential buyers the chance to purchase a property in one of Singapore’s most desirable GCBA areas. The last new launch in the vicinity was the Espa condominium completed in 2010.
The Bukit Panjang Integrated Transport Hub is within easy reach of The Myst Condo – just a brisk five-minute stroll. The transport hub boasts the Downtown Line and the Bukit Panjang LRT, making getting around Singapore a breeze. Hop on the train to reach the city in no time or use the LRT to explore the local area. Plus, there are plenty of bus services that run from the hub, giving residents a convenient way to get to other destinations in Singapore.
King Albert Park MRT Station (OTC) provides convenient access to a variety of educational institutions, including Methodist Girls’ School (Primary), Methodist Girls’ School (Secondary), Hollandse School, Swiss School and Singapore Korean International School. All these 5 schools are located in close proximity to the station, allowing students and staff to commute quickly and easily. The excellent nearby transport links make these schools highly accessible for the community. The condo building is also designed to conserve energy, with green technologies such as solar panels and low-flow water fixtures.
The Myst Condo is designed to take full advantage of natural light and ventilation. With floor-to-ceiling windows and balconies, the building maximizes both of these elements for inhabitants. The balcony space also provides a tranquil green area with a lush garden that provides stunning views of the city. In addition, the residence features green technology to help conserve energy and reduce waste, including solar panels and low-flow water fixtures.
In recent years, the city-state has been striving to revitalize the Bukit Timah region through a selection of development plans to facilitate improved interconnectivity and the rising of more green spaces in the area. One such plan is the Railway Corridor project close to The Myst Condo, which intends to reconfigure the abandoned railway tracks into a communal domain. Similarly, the Beauty World rejuvenation scheme aims to generate a verdant town.
If you’re looking for an amazingly convenient location, The Myst Condo is the place to be! It’s just a half-hour walk to the Bukit Panjang MRT Station and Hillview MRT Station. Plus, there are numerous bus stops located nearby – like Bef Chestnut Avenue, Bukit Panjang Road and Upper Bukit Timah Road. And if that’s not enough, you can also get to Orchard Road and the Central Business District within 25 minutes.
The Bukit Panjang Integrated Transport Hub is an ideal location for commuters as it is surrounded by plenty of amenities and has easy access to multiple forms of public transportation. The nearby LRT and MRT stations provide easy access to the rest of Singapore.
In addition, the Bukit Panjang Integrated Transport Hub is also a great spot for shopping and leisure activities. The nearby Hillion Mall has lots of shops and eateries for the residents to enjoy. Those looking for entertainment can make their way to the nearby leisure park. The Bukit Panjang Integrated Transport Hub is the 9th Integrated Transport Hub in Singapore and is connected to the nearby Hillion Mall. Residents of The Myst Condo can benefit from the many educational institutions close by with De La Salle School being the nearest one. This property offers access to all types of educational facilities, as well as many international schools in the vicinity. For commuters, the Bukit Panjang Integrated Transport Hub provides easy access to other parts of Singapore by means of LRT and MRT. In addition to this, the hub is also a great spot for leisure and shopping with the Hillion Mall being within reach. Here, the residents can find plenty of shops and eateries, while having access to the leisure park for entertainment.
Newton MRT (DT10) and Anglo Chinese School (Barker Road) are two distinct, yet closely related landmarks in Singapore. Located within the same vicinity, these locations are popular among locals, as they form the epicentre of the bustling town of Newton. Newton MRT, the main train station within the area, serves as a hub of transportation for locals and visitors alike. The station is well connected to other parts of the country, making it the ideal starting point for any trip. Anglo Chinese School (Barker Road) is a popular international school, known for its vibrant student life and impeccable academic standards. With its prime position just minutes away from the MRT station, the School is easily accessible to all visitors, allowing them to experience its unique charm. These two landmarks are truly indicative of Newton’s vibrancy and energy, and provide a perfect base to explore the area.
The Myst Condo is conveniently located near a myriad of amenities. It is an ideal spot for families as the neighbourhood boasts many schools. Plus, those residing here are never far from the essentials, with a variety of medical centres, banks, supermarkets and other services nearby.
The Myst of the forest is an ideal destination for those seeking some R&R. Boasting stunning views, unparalleled amenities, and a tranquil ambiance, this luxurious condominium makes it easy to get away from it all. Not to mention its convenient proximity to the Bukit Timah Nature Reserve – perfect for exploring nature’s wonders on foot. All in all, the Myst of the forest is the perfect spot for anyone who wants to enjoy the beauty of nature in comfort and tranquility.
CDL Aries is in a great position to capitalize on the various development opportunities in the ever-growing residential area of Upper Bukit Timah. With the recent acquisition of two plots of land for S$126.3 million ($92.5 million), this could be the start of something special for the real estate developer. Singaporeans and investors alike are undoubtedly interested to see what the potential new condominium tower could bring to the region. As such, it is clear to see why CDL Aries made this strategic move, and why the project is highly anticipated.
The Myst of the forest is famed for its open vista, granting an unspoiled view of the encircling bucolic landscape. Those on the upper storeys of the condominium can take pleasure in an incomparable outlook of the Bukit Timah Nature Reserve and its verdant hilly terrain. The sights reach out over the skyline, imbuing an atmosphere of tranquility and repose.
Beauty World MRT station (DT5) is located near a number of educational institutions, such as Bukit Timah Primary School, Pei Hwa Presbyterian Primary School, and DIMENSIONS International College (Bukit Timah Campus). These institutions offer students a convenient means of access to the MRT station.
The Myst Condo of the forest at Bukit Timah Road is one of Singapore’s most sought-after residences. Set in a lush tropical landscape, with verdant foliage and stunning hills, this luxurious residential condominium offers unparalleled views of the surrounding natural beauty. Residents here are able to savor the tranquil beauty of the location, while enjoying all the convenience and comfort of modern living.…
Located at 5 and 7 Jasmine Road, off Upper Thomson Road, are two freehold, adjoining shophouses on the market for sale via expression of interest (EOI) with a guide price of $10.5 million, or $2,665 psf on the floor area.
The two-storey shophouses have a total site area of approximately 3,650 sq ft and an existing combined floor area of about 3,940 sq ft.
Considered an ideal investment opportunity, these shophouses are zoned for “residential with commercial at 1st storey” use with a gross plot ratio of 3.0 and building height control of up to four storeys under the 2019 Master Plan.
Situated just 50m away from the popular Thomson Plaza shopping mall, the properties are easily accessed via major roads and expressways such as Upper Thomson Road, Lornie Road, Thomson Road, Braddell Road, Marymount Road and the Pan Island Expressway. The Upper Thomson MRT Station (situated on Thomson-East Coast Line) is a minute’s walk away, with the Caldecott MRT Station (an interchange with the Circle Line) one stop away.
Steven Tan, managing director of capital markets and investment sales at ERA Realty Network, the exclusive marketing agent for the shophouses, says that this “rare opportunity offers investors a chance to own a pair of freehold shophouses that offer immediate rental income and future capital appreciation potential in the long term”.
Tan also suggests that the successful buyer consider redeveloping the adjoining shophouses. Subject to the authorities’ approval, the redeveloped building could have a gross floor area of about 10,950 sq ft.
The properties come with existing tenancies and on an “as is where is” basis, and are also near to numerous amenities such as popular eateries, cafes and prestigious educational institutions including Ai Tong School, Catholic High School, CHIJ St Nicholas Girls’ School, Marymount Convent School, and Whitley Secondary School, all located within a 1-2km radius.
The EOI exercise for the property will close on May 8 at 3pm.
For those looking to take advantage of this rare opportunity, recent transactions of commercial property on Jasmine Road can be found via EdgeProp’s Research tool and the latest listings near Jasmine Road, Adelphi Park Estate, Upper Thomson MRT Station, Caldecott MRT, Ai Tong School, Catholic High School, CHIJ St Nicholas Girls’ School, Marymount Convent School, and Whitley Secondary School are available on EdgeProp’s Commercial Directory.
Two freehold, adjoining shophouses located at 5 and 7 Jasmine Road, off Upper Thomson Road, have been launched for sale via expression of interest (EOI) at a guide price of $10.5 million, or $2,665 psf on the floor area.
Accessible via major roads and expressways such as Upper Thomson Road, Lornie Road, Thomson Road, Braddell Road, Marymount Road and the Pan Island Expressway, these properties offer immediate rental income and future capital appreciation potential in the long term.
The two-storey shophouses have a total site area of approximately 3,650 sq ft and an existing combined floor area of about 3,940 sq ft. Zoned for “residential with commercial at 1st storey” use with a gross plot ratio of 3.0 and building height control of up to four storeys under the 2019 Master Plan, the successful buyer could consider redeveloping the shophouses into a four-storey residential building with commercial space on the first storey.
Nearby amenities range from popular eateries and cafes along Upper Thomson Road, Sin Ming Plaza, and Junction 8 shopping mall, to prestigious educational institutions such as Ai Tong School, Catholic High School, CHIJ St Nicholas Girls’ School, Marymount Convent School and Whitley Secondary School.
The properties are for sale with existing tenancies and on an “as is where is” basis. The EOI exercise for the property will close on May 8 at 3pm. Recent transactions of commercial property on Jasmine Road, as well as the latest listings near the various landmarks mentioned, are available on EdgeProp’s Commercial Directory.…
Living near an integrated transport hub is a great way to get around and save time. Bukit Panjang Integrated Transport Hub (BPITH) is a popular public transportation hub located in Bukit Panjang, Singapore. It is a major interchange station between the Downtown Line, Bukit Panjang LRT and the Sengkang-Punggol LRT lines. BPITH offers a convenient and cost-effective way for commuters to get around the city.
One of the main benefits of living near the BPITH is that it is more convenient for commuters. The hub offers direct access to multiple public transport lines, making it easy to get to work, school, or other destinations quickly. It also has a wide range of amenities such as retail stores, food outlets, and other recreational facilities. This means that there is always something to do or explore in the area, making it a great place to live.
Another advantage of living near the BPITH is that it is very cost-effective. The fare for the various public transport lines are relatively cheap and the hub offers discounted fares for commuters who use the same line multiple times. This makes it more affordable for commuters to get around the city without breaking the bank.
In addition to the convenience and cost-effectiveness of living near the BPITH, there are also many other benefits. The area around the hub is generally safe and secure, making it an ideal place to live. The Bukit Panjang area also has a wide range of entertainment options, such as malls, cinemas, and restaurants. Furthermore, the area is well-connected to other parts of the city, allowing commuters to get to their destination quickly and easily.
Overall, living near the BPITH has many benefits and advantages. It offers a convenient and cost-effective way to get around the city, as well as a safe and secure area to live in. The wide range of amenities in the area also make it an ideal place to live. Therefore, living near the BPITH is a great way for commuters to save time and money while still enjoying the convenience and comfort of a bustling transport hub.
Living close to Bukit Panjang Integrated Transport Hub (BPIH) offers an array of benefits and advantages for locals and visitors alike. BPIH is a multi-modal transport hub that links bus, rail and taxi services together, making it easier for commuters to move around the city. Here are some of the benefits and advantages of living near BPIH.
The first benefit of living near BPIH is the convenience it provides. It is an integrated transport hub, making it possible for people to get to their destination quickly and easily. Commuters no longer have to worry about taking multiple buses and trains to get to their destination. They can simply hop on a bus or train at BPIH and get to their destination in no time. Additionally, BPIH has many amenities and services, such as restaurants, ATMs, and convenience stores, making it easy for commuters to access basic services while waiting for their bus or train.
The second benefit is the cost savings associated with living near BPIH. By having access to multiple modes of transport, commuters can save money on their travel costs. For example, they can take the bus or train to their destination, which is often cheaper than taking a taxi. Additionally, they can enjoy discounted fares when they purchase tickets at BPIH.
The third benefit is the improved quality of life for locals living near BPIH. By having access to public transport, locals can access the amenities and services they need, such as hospitals, schools, and shopping centers, without having to travel too far from home. This can save them time and money and make life easier for them.
The fourth benefit is the increased safety associated with living near BPIH. By having access to public transport, locals can avoid walking long distances late at night, which can be dangerous. Additionally, public transport is often monitored by CCTV cameras, making it safer for commuters.
Overall, living near BPIH offers many benefits and advantages for locals and visitors alike. It is an integrated transport hub that provides commuters with the convenience, cost savings, improved quality of life, and increased safety they need to get around the city quickly and easily.…
The investment profitability of Bukit Panjang properties has long been a much-debated and analysed topic. This is due to the fact that Bukit Panjang is a renowned residential and commercial neighbourhood located in the western part of Singapore. With its close proximity to the central business district, it is a popular residential choice for many.
The investment profitability of Bukit Panjang properties depends on several factors. Firstly, the location of the property is important. Properties in this neighbourhood are situated close to major transportation links such as the Downtown Line, Bukit Panjang MRT station and the Kranji Expressway. This makes it an ideal location for businesses as well as residential purposes.
Secondly, the quality of the property itself is another important factor to consider. The quality of the property as well as the amenities within the vicinity of the property are important considerations for potential investors. Popular amenities in Bukit Panjang include shopping malls, supermarkets, restaurants and a wide variety of educational and recreational facilities.
Thirdly, the price of the property is also an important factor to consider. Prices of Bukit Panjang properties vary greatly depending on the size, location, quality and amenities. Prices can range from the mid to high range depending on the property.
Finally, the rental yield of Bukit Panjang properties is also an important factor to consider. Average rental yields in Bukit Panjang are higher than the national average which means that investors can expect to receive a higher return on their investment.
In conclusion, it can be said that the investment profitability of Bukit Panjang properties is high and the factors mentioned above can be used to determine the profitability of any property in this neighbourhood. The higher quality and amenities coupled with the close proximity to the CBD make Bukit Panjang an ideal choice for those looking to invest in property in Singapore.
Bukit Panjang is one of the largest townships in Singapore, and is located in the western region of the country. With its proximity to the city centre, the area is popular among investors who are looking for a high return on their investment. This article will provide a critical appraisal of the investment profitability of Bukit Panjang properties.
The first factor that should be taken into consideration when assessing the investment profitability of Bukit Panjang properties is the location. Bukit Panjang is located near the Central Business District and is well served by public transportation. This makes it an ideal location for those looking for a convenient and accessible place to live and work. Additionally, the area is known for its vibrant nightlife and excellent dining options, making it a popular destination for tourists and expats who want to experience the best of Singapore.
The second factor to consider is the current market conditions. Bukit Panjang properties are highly sought after, as the area is attractive to both locals and foreigners. This means that the demand for properties in the area is consistently high. Furthermore, prices of properties in the area are relatively stable, and there is a wide range of options available, ranging from affordable apartments to luxurious villas. This makes the area attractive to potential investors who are looking for an investment that has the potential to generate a high return.
Finally, the investment profitability of Bukit Panjang properties should also be judged based on the rental yields. According to data from the Housing and Development Board, the median monthly rent in the area is between SGD$2,500 and SGD$2,800. This is relatively high compared to other areas in Singapore, and indicates that there is a strong demand for rental properties in the area. Additionally, rental yields are also attractive, with some properties generating rental yields of up to 4%.
In conclusion, Bukit Panjang properties are an attractive option for investors due to their location, current market conditions, and attractive rental yields. The area is well-served by public transportation and is known for its vibrant nightlife and excellent dining options. Furthermore, prices of properties in the area are relatively stable, and rental yields are attractive. Therefore, an investment in Bukit Panjang properties can be a profitable one.…
Singapore is one of the most sought-after destinations for real estate investments. The city-state is renowned for its attractive regulatory framework, attractive tax incentives, and stable economic environment. It is also home to a number of promising real estate projects that offer investors a wide range of opportunities.
This investor’s guide to promising real estate projects in Singapore will provide an overview of the types of projects available, the factors that make them attractive, and the key considerations to keep in mind when evaluating them.
The first type of promising real estate projects in Singapore are residential projects. This includes condominiums, flats, and landed properties such as terrace houses and bungalows. Residential projects are attractive because of their long-term appreciation potential, rental yield, and the potential for capital gains. Investors should consider the location of the project, construction quality, and the size of the units when evaluating residential projects.
The second type of promising real estate projects in Singapore are commercial projects. These include office buildings, shopping centres, hotels, and industrial parks. Commercial projects are attractive because of the potential for rental income and capital appreciation. Investors should consider the location, tenant mix, and potential for future development when evaluating commercial projects.
The third type of promising real estate projects in Singapore are industrial projects. These include manufacturing plants, warehousing facilities, and research and development centres. Industrial projects are attractive because of the potential for long-term capital appreciation, rental income, and the potential for increased value due to technological advances. Investors should consider the size of the facility, the type of industry, and the potential for future growth when evaluating industrial projects.
Finally, investors should also consider the impact of the Singapore government’s policies on the real estate market. The government regulates foreign ownership of real estate, and it also offers incentives such as property tax rebates and grants. Investors should take note of these policies when evaluating real estate projects in Singapore.
In conclusion, Singapore offers a wide range of attractive and promising real estate projects for investors. Investors should consider the types of projects available, the factors that make them attractive, and the key considerations to keep in mind when evaluating them. By doing so, investors can identify and invest in projects that offer the most potential for long-term capital appreciation and income.
Singapore is one of the most attractive locations for real estate investment in Asia. Its strategic location, strong economic fundamentals, and robust infrastructure have placed it at the top of investors’ lists as a safe and prosperous choice for long-term investments. The city-state’s real estate market is forecasted to continue to grow over the next few years, making it an ideal location for investing in property.
For investors looking to capitalize on the potential of Singapore’s real estate market, understanding the best projects and strategies to pursue is essential. A comprehensive analysis is needed to evaluate the different projects available, as well as the risks and rewards associated with each.
The most important factor when considering a real estate investment in Singapore is to identify the right location. The city-state has a wide array of residential, commercial, and industrial projects, so investors should assess these in terms of their suitability for the investment goals. This includes the size, type, and location of the project, as well as the infrastructure and amenities available in the surrounding area.
The next step is to assess the project’s potential for capital appreciation and rental yields. Property prices in Singapore have seen significant growth in recent years, and this trend is expected to continue in the near future. Investors should analyze the project’s potential for capital appreciation, as well as rental yields. This can be done by looking at historical data on rental yields, as well as current market conditions and trends.
The third step is to evaluate the project’s risks. This includes an assessment of the developer’s track record, as well as the legal, financial, and environmental aspects of the project. Investors should also assess the stability of the local market, as well as factors that could potentially affect the project’s success, such as government regulations, infrastructure, and competition.
Finally, investors should also consider the time frame of the project. A long-term investment strategy is typically recommended, as it allows investors to benefit from capital appreciation and rental yields over a longer period of time. Short-term investments should be avoided as they often come with higher risks.
Overall, Singapore is an ideal location for real estate investment. With a comprehensive analysis of the different projects and strategies available, investors can choose the best project that suits their investment goals. With the right strategy and due diligence, investors can benefit from the potential of Singapore’s real estate market.…
Bukit Timah condominiums are one of the top choices for parents seeking homes near schools. Located in the bustling district of Bukit Timah, the area is home to a variety of educational institutions, from renowned international schools to top-notch primary and secondary schools.
The proximity of Bukit Timah condominiums to schools makes it an ideal place for parents who want to make sure their children receive a good education. It is possible to walk or take a short bus ride to the various schools in the area. With the ease of access to educational institutions, parents can be assured that their children are able to reach their respective schools on time and safely.
Bukit Timah condominiums are also known for their luxurious amenities and facilities. Residents can enjoy access to a variety of recreational facilities such as swimming pools, tennis courts, and gymnasiums. There are also plenty of restaurants and shopping malls nearby, making it easy to meet everyday needs.
The condominiums also offer a safe and secure environment for families. Security guards are present at all times and the community is well-maintained. This is important for parents who want to keep their children safe and secure.
In addition to the safety and security, parents can also be sure that their children receive the best education. All the schools in the area have excellent reputations and offer a quality education. The availability of international schools means that children can receive an education that is on par with the best educational institutions in the world.
Bukit Timah condominiums are also conveniently located near public transportation, making it easy to access other parts of the city. This makes it easy for parents to go to work or to visit family and friends.
In conclusion, Bukit Timah condominiums are a great option for parents seeking homes near schools. With its proximity to educational institutions, luxurious amenities, safe and secure environment, and access to public transportation, it is easy to see why these condominiums are a popular choice for parents.
Bukit Timah is a popular residential area located in Singapore, renowned for its lush greenery and excellent education opportunities. It is home to some of the most sought after condominiums in the city, making it the ideal choice for parents seeking homes near schools.
The Bukit Timah area is known for its excellent educational institutions, ranging from primary and secondary schools to tertiary institutions. Many of these schools are highly regarded and offer a range of courses and programs that can help students achieve their educational goals. Furthermore, the area is also home to a number of international schools, making it an ideal choice for parents looking for a place to raise their children in a culturally diverse environment.
The condominiums in Bukit Timah are some of the most sought after in Singapore, owing to their excellent location and amenities. Many of these properties are well-maintained and come with modern facilities such as swimming pools, tennis courts, and gyms. Moreover, the area is home to numerous shopping malls, restaurants, and entertainment venues, making it an ideal place to live.
In addition to its excellent educational institutions, the area is also home to a number of parks, nature reserves, and other outdoor attractions. This makes it a great place to raise a family, as there are plenty of activities for children to enjoy in the great outdoors.
Living in a Bukit Timah condominium also has its financial benefits. The area is known for its relatively low costs of living, making it an attractive option for those looking to save money. Furthermore, the area is also home to some of the best medical facilities in Singapore, ensuring that the residents have access to the best medical care available.
In conclusion, Bukit Timah is an ideal choice for parents seeking homes near schools. Not only does the area offer excellent educational opportunities, but it is also home to some of the most sought after condominiums in Singapore. Moreover, the area is also home to a number of parks, nature reserves, and other outdoor attractions, making it an ideal place to raise a family. Finally, the area is known for its relatively low costs of living, making it an attractive option for those looking to save money.…
Singapore is a powerhouse in the real estate industry, and the emerging West Singapore real estate projects are poised to be part of the success. The West Singapore region is home to some of the most promising projects, providing investors with the opportunity to maximize their returns. By leveraging the unique advantages of the area and utilizing the latest technologies, investors can unlock the potential of these projects for maximum returns.
The West Singapore region is a key gateway to the rest of Southeast Asia, providing access to an ever-growing pool of potential tenants. With its proximity to the airport, major transportation hubs and the city centre, the area is an attractive option for both local and international investors. In addition, the area is home to many educational institutions, providing an excellent environment for young professionals to live and work. This, combined with the presence of some of the largest employers in the country, makes West Singapore a destination of choice for many property investors.
One of the most important factors in unlocking the potential of West Singapore real estate projects is the use of technology. By leveraging the latest technologies, investors can ensure that their projects are well-positioned to capture the highest returns. From smart home systems and automated energy management to the use of mobile applications, investors can make the most of the opportunities presented by the region. Additionally, with the increasing focus on sustainability, investors can ensure that their projects meet the highest environmental standards, providing an edge over competing projects.
When it comes to financing, investors have access to a variety of options, including conventional loans, venture capital, and even crowdfunding. With these options, investors can secure the necessary funds to purchase and develop the property, while minimizing the risk associated with investing in the market. Additionally, with the government’s support, investors can benefit from tax incentives and other measures designed to make the investment process less burdensome.
Finally, investors must take into consideration the local market trends when investing in West Singapore real estate projects. By understanding the local dynamics, investors can make informed decisions and maximize their returns. This includes looking into the current rental market, the potential for capital appreciation, and the availability of amenities in the area.
In conclusion, the potential of West Singapore real estate projects is tremendous, providing investors with the opportunity to maximize their returns. By leveraging the unique advantages of the region and utilizing the latest technologies, investors can unlock the potential of these projects for maximum returns. With the government’s support, investors can also benefit from tax incentives and other measures designed to make the investment process less burdensome. By taking advantage of these opportunities, investors can ensure that their projects are well-positioned to capture the highest returns.
Singapore is a vibrant and bustling metropolis that is home to some of the world’s most innovative and successful companies and individuals. In recent years, overseas real estate investors have taken a keen interest in the city-state’s emerging West Singapore real estate projects, which offer investors the potential for maximum returns.
As the city-state’s economy continues to grow and expand, there is no better time than now to invest in West Singapore real estate projects. With its strategic location, low taxes, and excellent infrastructure, West Singapore real estate projects offer investors the potential for substantial returns. In addition, the West Singapore real estate market is highly competitive, with a wide range of projects available to choose from.
One of the most attractive aspects of West Singapore real estate projects is the availability of government incentives. Many of the state’s development authorities offer attractive incentives to investors who are looking to invest in property in the area. These incentives can include tax breaks, grants, and other financial assistance.
West Singapore real estate projects also provide investors with the opportunity to diversify their portfolios. With a range of different property types and locations, investors can choose from a variety of projects that suit their individual needs and goals. From residential projects to commercial projects and from luxury hotels to retail outlets, investors can find a project that meets their investment goals.
The West Singapore real estate market is also highly competitive. With a wide range of projects available, investors have the potential to find the perfect project that offers the highest returns. With the right research and advice, investors can identify the most profitable projects and invest their hard-earned money in the most promising real estate projects.
By investing in West Singapore real estate projects, investors can unlock the potential for maximum returns. By taking advantage of government incentives, the competitive nature of the real estate market, and the wide range of projects available, investors can make the most of their investment and ensure that they make a return on their money. With the right strategy and research, investors can maximize their returns and enjoy long-term success with their investments.…